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Beef markets could weaken further over the next two months

Beef cattle prices have come under increased pressure in recent weeks and, as it stands, most factories are offering 380-385c/kg for steers and 390-395c/kg for heifers. There is a growing fear among producers that prices could weaken further in the coming weeks and months. This is particularly the case as beef cattle supplies are set to remain in a position of sur...

 
Milk prices increased in Oceania 

On July 27, Fonterra announced to the New Zealand farmers a forecast Farmgate Milk Price for the 2017/2018 season increased by 0.25 New Zealand Dollars, to NZD 6.75 per kilogram of milksolids (kgMS) or about 4.17 €/kgMS. Converted into milk, the price increased roughly from 29.7 to 30.9 €/100kg of milk 4.0% fat and 3.4% protein mass/mass (ref. Germany, current change of reference: 1NZD = 0.618&euro...

 
Chinese dairy imports boost in June, cream exceeds butter 

Chinese dairy imports fly in June, with considerable increases in both quantity and valuefor cheeses, WMP, infant formula milk, butter, whey powder, cream. SMP imports grew by 45.4% while remaining stationary with reference to unit prices. In the first six months of 2017, China increased imports by 5.4% in total and by 28.8% in value on a trend basis, with an impressive boom set in June: + 27.4% compared to June of 2016....

 
Agricultural exports has grown significantly

According to customs authorities, for 6 months 2017 in comparison agricultural exportswith the same period in 2016, there is an increase in almost in all items. So, the export of live animals increased almost by 60% (by 4625 tons), exports of meat and offal increased by 46%. Only pork exports for 6 months in 2017 exceeded the corresponding figures for 12 m...

 
US strategies launch dairy exports

Thanks to the dollar’s weakening effect, US dairy exports in the first half of 2017 grew by 12.5% in volume and by 26.7% in value compared to the same period of 2016. Total milk equivalent (ME) exports rose by 19.29% from January to June 2017, in particular towards Southeast Asia, Central & Caribbean America and Latin America. At the same time, milk imports dro...

 

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